The turnover of the sector increased by 9.7% in the last March compared to the same month of 2022mainly due toIncrease in sales of non-durable consumer goods and capital goods, It rose 20% and 17%, respectively, according to data released this Friday by the National Institute of Statistics (INE).
March with an annual increase of 1.3 points compared to February, billing industry He was promoted 25 months in a row after previously chaining negative rates a year ago due to the Covid crisis.
As well as non-durable consumer goods and capital goods leading the developments in industrial invoicing, Durable consumer goods also increased their sales (+11.1%) and intermediate goods (+6.8%), compared to the decline experienced by energy, whose sales fell 18% year-on-year.
The branches with the highest increase in sales compared to March 2022 are electrical equipment and materials manufacturing (+30.6%); beverage manufacturing (29.6%) and the manufacture of other non-metallic mineral products (27.3%), the largest annual declines in turnover for coke ovens and oil refining (-18%) and marine, rail, aerospace construction and combat vehicles ( -13.5%).
Calendar effect and seasonally adjusted sector turnover increased by 10.3% in March compared to the same month of the previous year and increased by two points compared to February.
Sales fell 2.8% per month
Despite growth in sales at the inter-annual rate, monthly (March to February) and seasonal and calendar adjusted data, the industry saw its biggest monthly decline since March 2022, reducing its sales by 2.8%, down 4.5%.
In March, only durable goods and non-durable goods increased their monthly turnover by 3.5% and 0.7%, respectively. In contrast, there were monthly decreases in sales in energy (-5.9%), capital goods (-5.2%) and intermediate goods (-1.1%).
In the seasonally adjusted series, the activities that increased their sales the most compared to February were computer products manufacturing (+10.1%); Repair and assembly of machinery and equipment (9.9%) and furniture manufacturing (6.4%) and the largest monthly cuts were recorded in motor vehicle manufacturing (-22.1%); manufacture of other transportation equipment (-9.9%) and coke ovens and oil refining (-6%).
Sales fell only in Murcia, with Asturias leading the increase
Industry turnover increased in the inter-year rate last March in all autonomous communities except Murciawhere it fell 1.8%.
The largest increases occurred in Asturias (+23.7%), Galicia (+22.1%), Extremadura (+22%) and Castilla y León (+17.6%), with the largest moderate increases were recorded in Andalusia (+1.2%). Madrid (+6.1%), Aragón (+7.4%) and Valencian Community (+8%).
However, on a monthly basis (March-February) and seasonally and calendar adjusted data, the sector decreased its sales by 2.8% to 4.5%, the biggest monthly decrease since March 2022.